StacksVerified U.S. regulatory reference

13 CFR §120.1716

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Seller shall not, without prior written consent of SBA, take the following actions with respect to Seller's Pool Loan:
  1. (a)Make or consent to any substantial alteration in the terms (“substantial” includes, but is not limited to, any changes to the principal amount or interest rate);
  2. (b)Accelerate the maturity;
  3. (c)Sue; or
  4. (d)Waive or release any claim. Guidance on other servicing actions, some of which may need prior SBA approval, is provided in the Guide.